ETS delay deal scuppers forestry project worth millions
18 Nov 2008
A $125 million forestry project has been scrapped and scores of forestry jobs lost as a result of a deal between the Act and the new National government to review the emissions trading scheme.
Under the agreement, the ETS will be reviewed by a select committee and potentially scrapped in favour of a carbon tax, depending on the committee’s findings, in exchange for Act’s support for the new National-led Government.
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Story copyright © Carbon News 2008
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